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News
SBI Assets
SBI Assets News
NBFCs
10 Oct 2018
SBI steps in to rescue cash strapped NBFCs, to buy good assets worth Rs 45K cr
NBFCs along with mutual funds have been facing a liquidity crunch following a series of loan repayment default since late September by IL&FS and its group companies.
State Bank of India
11 Aug 2017
SBI Q1 net profit jumps 5-fold to Rs 2,006 crore; NPAs spike
SBI had reported a net profit of Rs 867.32 crore in the same quarter of last fiscal.
State Bank of India
20 Aug 2016
SBI says will gain $120 billion in assets from takeover of units
State Bank of India (SBI), the nation`s biggest lender by assets, will gain $120 billion in assets following its merger with associate banks and Bharatiya Mahila Bank, the lender said in a statement on Saturday.
SBI
12 Jul 2015
SBI to provide all info of distressed asset under auction
At the past two online auctions conducted in March and June, which was an industry first, the bank was successful in selling distressed residential properties, but failed to sell commercial properties in sizable numbers.
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